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Spectrum Insurance Distribution Verified

2.8
based on 62 Reviews
Video summary

Working at Spectrum Insurance Distribution

Company Summary

Spectrum Insurance Distribution provides tailored financial protection and investment solutions, catering to individual customer needs in the financial sector.

Overall Rating

2.8/5
based on 62 reviews
highly rated categories
26% below
industry average
highly rated categories
Critically rated for

Job security, Promotions, Work satisfaction

Work Policy
Hybrid
Hybrid
64% employees reported
Monday to Saturday
Monday to Saturday
82% employees reported
Strict timing
Strict timing
55% employees reported
Within country
Within country
38% employees reported
View detailed work policy
Top Employees Benefits
Professional degree assistance
Professional degree assistance
1 employee reported
Job/Soft skill training
Job/Soft skill training
1 employee reported
Office cab/shuttle
Office cab/shuttle
1 employee reported
Health insurance
Health insurance
1 employee reported
View detailed benefits

About Spectrum Insurance Distribution

Founded in2011 (14 yrs old)
India Employee Count51-200
Global Employee Count201-500
India HeadquartersNew Delhi, Delhi, India
Office Locations
--
Websitespectruminsurance.in
Primary Industry
Other Industries
View in video summary
Our company was incorporated in 2011 with an objective of providing financial protection to masses. Our staff is imparted specialized training on an ongoing basis to keep pace with financial industry and provide best financial solution to prospective customers. In a short span of time, we grew manifold. We have added more than eight thousand nine hundred customers to our family with total sum assured of Rs. 300.00 Crores. We are adding an average of seven satisfied customers to our family every day. Our total AUM has also grown to Rs.36.00 crores, currently. We have established our brand basis the expertise of our sales team well supported by our back-office. Our financial solutions are tailored to real needs of our individual customers, which not only provide financial protection but investment opportunities as well. It is backed by a very experienced management team comprising of ex-bankers, ex-insurance professionals, ex- army and paramilitary officers.
Mission: To deliver most suitable financial solutions and superior value to our all the stakeholders - customers, shareholders, employees and society at large.
Vision: To become a leader in providing protection, investment and other financial solutions to make all segments of society financially strong and create significant value to all the stakeholders.
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Spectrum Insurance Distribution Ratings

based on 62 reviews

Overall Rating

2.8/5
How AmbitionBox ratings work?
5
23
4
4
3
11
2
0
1
24

Category Ratings

2.8

Salary

2.8

Work-life balance

2.8

Skill development

2.7

Company culture

2.6

Work satisfaction

2.5

Promotions

2.4

Job security

Spectrum Insurance Distribution is rated 2.8 out of 5 stars on AmbitionBox, based on 62 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Spectrum Insurance Distribution
based on 57 reviews
2.6
Rated by 18 Women
Rated 2.9 for Work-life balance and 2.9 for Salary
2.9
Rated by 39 Men
Rated 2.8 for Salary and 2.7 for Company culture

Work Policy at Spectrum Insurance Distribution

based on 11 reviews in last 6 months
Hybrid
64%
Permanent work from home
18%
Work from office
18%

Spectrum Insurance Distribution Reviews

Top mentions in Spectrum Insurance Distribution Reviews

Compare Spectrum Insurance Distribution with Similar Companies

Spectrum Insurance Distribution
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Overall Rating
2.8/5
based on 62 reviews
3.6/5
based on 4.9k reviews
4.0/5
based on 6.9k reviews
Awards Tag
3.9/5
based on 10.2k reviews
Highly Rated for
No highly rated category
No highly rated category
Job security
Skill development
Salary
Skill development
Work-life balance
Job security
Critically Rated for
Job security
Promotions
Work satisfaction
Promotions
Work satisfaction
No critically rated category
No critically rated category
Primary Work Policy
Hybrid
64% employees reported
Work from office
80% employees reported
Work from office
88% employees reported
Work from office
80% employees reported
Rating by Women Employees
2.6
Poor
rated by 18 women
3.5
Good
rated by 1.1k women
3.9
Good
rated by 1.5k women
3.8
Good
rated by 2.2k women
Rating by Men Employees
2.9
Poor
rated by 39 men
3.7
Good
rated by 3.6k men
4.1
Good
rated by 5k men
4.0
Good
rated by 7.6k men
Job security
2.4
Poor
3.7
Good
4.1
Good
3.8
Good
View more

Spectrum Insurance Distribution Salaries

Spectrum Insurance Distribution salaries have received with an average score of 2.8 out of 5 by 62 employees.

Sales Manager

(7 salaries)
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₹2.9 L/yr - ₹5.5 L/yr

Area Sales Manager

(7 salaries)
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₹4.7 L/yr - ₹6.5 L/yr

Assistant Unit Manager

(6 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

Senior Sales Executive

(5 salaries)
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₹3.2 L/yr - ₹3.2 L/yr

HR Executive

(5 salaries)
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₹1.8 L/yr - ₹2.3 L/yr

Area Manager

(5 salaries)
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₹3.7 L/yr - ₹11 L/yr

Deputy Manager

(4 salaries)
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₹3.5 L/yr - ₹4.2 L/yr

Assistant Territory Manager

(4 salaries)
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₹2.4 L/yr - ₹4.8 L/yr

Assistant Team Leader

(4 salaries)
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₹2.2 L/yr - ₹3.5 L/yr

Assistant Manager Information Technology

(4 salaries)
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₹2.4 L/yr - ₹3.1 L/yr
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Spectrum Insurance Distribution FAQs

When was Spectrum Insurance Distribution founded?
Spectrum Insurance Distribution was founded in 2011. The company has been operating for 14 years primarily in the Insurance sector.
Where is the Spectrum Insurance Distribution headquarters located?
Spectrum Insurance Distribution is headquartered in New Delhi, Delhi.
How many employees does Spectrum Insurance Distribution have in India?
Spectrum Insurance Distribution currently has approximately 50+ employees in India.
Does Spectrum Insurance Distribution have good work-life balance?
Spectrum Insurance Distribution has a work-life balance rating of 2.8 out of 5 based on 60+ employee reviews on AmbitionBox. 56% employees rated Spectrum Insurance Distribution 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Spectrum Insurance Distribution reviews for more details.
Is Spectrum Insurance Distribution good for career growth?
Career growth at Spectrum Insurance Distribution is rated as poor, with a promotions and appraisal rating of 2.5. 56% employees rated Spectrum Insurance Distribution 3 or below on promotions / appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Spectrum Insurance Distribution reviews for more detailed insights.
What are the cons of working in Spectrum Insurance Distribution ?
Working at Spectrum Insurance Distribution does have some drawbacks that potential employees should consider. The company is poorly rated for job security, promotions / appraisal and work satisfaction, based on 60+ employee reviews on AmbitionBox.
Spectrum Insurance Distribution Overview
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